Vancouver – Initial Phase II diamond drilling has uncovered three types of mineralization on Tyler Resources’ (TYS-V) 95%-owned Bahuerachi project in Mexico.
The Bauheurachi property covers over 3,000 hectares comprising one mining concession and two exploration concessions situated on the Reforma mineralized trend in southwestern Chihuahua, near the Sinaloa border.
Previous historical mining and exploration on the property centred around copper-oxide skarn and copper-molybdenum-gold porphyry mineralization. Several zones of copper-oxide mineralization occur on the property.
Calgary-based Tyler’s recent drilling has turned up high grades in the skarn/breccia mineralization and in the main porphyry zone.
Hole BAH-14 which ended in a mineralized porphyry unit, returned 18 metres that graded 1.20% copper 0.35% zinc and 0.13 grams gold and 13 grams silver per tonne. This intercept occurs within an interval that graded 0.42% copper and 0.16% zinc over 105 metres, starting from a depth of 120 metres downhole.
Holes BAH-13 and -14 both ended in mineralization owing to difficult ground conditions.
Tyler believes that the high grade nature of the unoxidized porphyry unit in which the drilling ended, is particularly significant. Starting at a downhole depth of 216 metres, the hole intersected 9.15 metres of 0.37% copper, 0.32% molybdenum, with lead, zinc, gold and silver credits.
The porphyry complex has a strike length of over 4 km. The company is looking at this project from a bulk mining perspective. On top is a supergene chalcocite blanket over 150 metres and 80 metres thick.Hole BAH-15 intersected 31.6 metres of a skarn breccia after which bad ground conditions forced that hole to end; BAH-16 is under way.
Reverse circulation drilling is testing the area around the historical workings.The company hit a new 52-week high of 87 after it began drilling on the property last month.
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